Sparton Resources Inc. (CVE:SRI – Get Free Report) shares fell 16.7% on Saturday . The stock traded as low as C$0.03 and last traded at C$0.03. 154,343 shares were traded during mid-day trading, an increase of 30% from the average session volume of 118,849 shares. The stock had previously closed at C$0.03.
Sparton Resources Trading Down 16.7%
The company’s 50 day simple moving average is C$0.02 and its two-hundred day simple moving average is C$0.02. The company has a market capitalization of C$4.25 million, a price-to-earnings ratio of -4.22 and a beta of 0.77. The company has a quick ratio of 0.19, a current ratio of 0.40 and a debt-to-equity ratio of 25.38.
Sparton Resources Company Profile
Sparton Resources Inc, an exploration and development stage company, engages in the exploration and evaluation of properties in Canada. It has an option agreement to acquire interest in the Bruell Gold Property comprises 20 claims located in Vauquelin Township, Quebec; and Sir Harry Oakes Gold Property, including 46 mining claims and 3 mining leases in the Matachewan Gold Area; and Pens Polymetallic Property.
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